Distribution of Profits. Any and all net income accruing to the Joint Venture shall be distributed equally to the Parties.
Distribution of Profits. 7.1. Generally, gross cash distribution in proportion to Partners percentages of partnership interest, will be made based on the scheduled payments of processors or within 60 days of payments being made. The gross cash distribution
Distribution of Profits. 11.2.1 For each profit distribution, the Management Company shall instruct the Trustee to transfer such amount of cash as required to reflect such distribution to the Distribution Account or to issue Bank Draft/Order/Instruments/online transfer for the payment of such profit. The amount standing to the credit of the Distribution Account shall not for any purposes of this Deed be treated as part of the Trust Property but shall be held by the Trustee upon trust to distribute the same as herein provided subject to clause 5.C.5 of this Deed.
Distribution of Profits. 7.1. The Net Cash From Operations (as defined in Section 7.2) of the Partnership shall be distributed to the Partners in accordance with their respective Partnership Interests at such regular time or times as the Partners acting in accordance with Section 8 shall determine; provided that no distribution of Net Cash From Operations shall be made at any time when any Installment of Purchase Price (as defined in Section 19) shall be due and owing but unpaid.
Distribution of Profits. Any and all net profits accruing to the Joint Venture shall be held and distributed to the Parties in the following proportion:
Distribution of Profits. A. The parties hereto recognize that their own and the best interest of the joint Company will be best served by taking all reasonable steps to ensure the expansion of the production facilities of the Joint Company as rapidly as market conditions permit, and to this end, agree to retain sufficient earnings in the Joint Company before distributing profits to the shareholders, as shall be reasonably required in the circumstances to provide for such expansion and for the other requirements of conducting the affairs of the Joint Company according to sound business practices. OR
Distribution of Profits. Article 38
Distribution of Profits. Net profits and net losses accruing to the Joint Venture shall be distributed to the parties in: (Check one) ☐ ☐ Accordance with each party's respective ownership interests. The following proportions: • [First Party]: % • [Second Party]: %
Distribution of Profits a) Profit for Mudaraba Accounts, once approved by the Xxxxx’a Board, will be credited to the Customer’s Account with the Bank nominated by the Customer and excluding the Islamic Term Investment Deposit Account. The profit payable on any Mudaraba Account will be subject to all applicable laws and regulations and must not conflict with the rules and principles of Xxxxx’a.
Distribution of Profits. 8.1 The Company may on an annual basis adopt decisions to pay dividends on the distributed shares.
